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Prudential Closes Pension Risk Transfer For US$ 4 9 Billion

Prudential Financial, Inc. closed a pension risk transfer transaction with Shell USA, Inc. for US$ 4.9 billion in pension obligations covering 21,500 of the company’s U.S. retirees. As a result of this transaction, PFI, through its subsidiary, The Prudential Insurance Company of America, will be responsible for the pension benefit payments to these retirees beginning…

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Shell Ditches Retiree Baggage in a $4 9 Billion See Ya Later Deal with Prudential – Royal Dutch Shell Plc com

Shell Ditches Retiree Baggage in a $4 9 Billion See Ya Later Deal with Prudential – Royal Dutch Shell Plc com
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Mississippi man sues Shell, others for injuries sustained working on Gulf rig

A Mississippi man blames Shell USA and others for injuries he sustained while working on a rig in the Gulf of Mexico.

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Prudential assumes $4 9 billion in pension obligations for 21,500 Shell U S retirees

Prudential assumes $4 9 billion in pension obligations for 21,500 Shell U S retirees
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